Enel

Tata Power on Thursday said that it has collaborated with Enel Group to power digitalisation and automation of India's distribution network. "Tata Power joined hands with Enel Group -- one of the largest integrated players in the global power and renewable markets -- for implementing two key pilot projects through former's Delhi based distribution business," a company statement said. The agreement towards the same was signed by Robert Ronald Denda - CEO Gridspertise Srl, and Praveer Sinha, CEO & MD, Tata Power, in New Delhi. The agreement was signed on the sidelines of the official visit of the President of the Council of Ministers of Italy Giorgia Meloni. Under the agreement, Tata Power's distribution arm Tata Power Delhi Distribution Ltd (TPDDL), serving 1.9 million customers in north Delhi, will work closely with Enel Group affiliated company Gridspertise, jointly controlled by Enel Grids and CVC Capital Partners, on project implementation. The first pilot project will focus .

"We are interested because finally this big country is making it possible for private ownership of power distribution assets," CEO Francesco Starace said

The state-controlled utility said it would be investing more than $290 million to build the plant